AIG Provides $43M Loan For Apartment Building In Hell's Kitchen | 311 West 50th Street | Eric Schleif, Carol Shelby | Other | Loan

Summary

Loan

NEW YORK

Other

17,335 sqft

The Torkian Group has closed a transaction for an apartment building located at 311 West 50th Street in Hell's Kitchen. The property has a loan amount of $43,000,000 and is being financed by AIG. The building is situated in a prime location in the Hell's Kitchen market.

Summary of transaction details

Property Type: Apartment building
Transaction Amount: $43,000,000
Lender: AIG
Landlord: The Torkian Group
Broker: Eric Schleif & Carol Shelby @Meridian.Capital.Group

The deal was facilitated by brokers Eric Schleif and Carol Shelby from Meridian Capital Group. They played a key role in representing the parties involved in the transaction, including the landlord, The Torkian Group.

Players

All
3

Agents
2
Agencies
1

Meridian Capital Group

Details

Deal Summary

FINANCED

IMAGE: Eric Schleif, Hersel Torkian, Carol Shelby DATE: 08/01/2019 ADDRESS: 311 West 50th Street MARKET: Hell’s Kitchen ASSET TYPE: Apartment building LENDER: AIG LANDLORD: The Torkian Group BROKER: Eric Schleif & Carol Shelby @Meridian.Capital.Group LOAN AMOUNT: $43,000,000

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Address311 West 50th Street

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